Lewis Growth Model and China's Industrialization
Lewis Growth Model and China's Industrialization
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DOI：
10.1111/j.1467-8381.2008.00282.x
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发表时间：
2008-12
影响因子：
1.3
通讯作者：
N. Islam;K. Yokota
中科院分区：
文献类型：
--
作者：
N. Islam;K. Yokota
本文根据刘易斯增长模型考察了中国的工业化。首先仔细阅读刘易斯自己以及费和拉尼斯的著作，以澄清刘易斯模型的某些假设和预测。文章随后回顾了刘易斯模型在研究其他国家工业化过程中的应用，并指出了这方面出现的方法论问题。在运用刘易斯模型研究中国工业化过程中，本文重点关注传统部门工资与劳动边际产量之间的动态关系。为此，本文利用省级数据估算了中国农业部门的生产函数，并将估计的劳动力边际产量与该部门相应的工资进行了比较。结果表明，正如刘易斯模型所预测的那样，边际产量（自下而上）的增长速度快于工资的增长速度。结果表明，中国整体正在稳步走向刘易斯拐点。版权所有 2008 作者。 2008年东亚经济协会和布莱克威尔出版有限公司期刊汇编
This paper examines China's industrialization in the light of the Lewis growth model. It begins with a perusal of Lewis's own writings and those of Fei and Ranis to clarify certain assumptions and predictions of the Lewis model. The paper then reviews previous applications of the Lewis model in studying industrialization of other countries, and notes the methodological problems that arise in this regard. In applying the Lewis model to study China's industrialization, the paper focuses on the dynamic relationship between wage and marginal product of labor in the traditional sector. For this purpose, the paper estimates a production function for China's agricultural sector using province level data and compares the estimated marginal product of labor with the corresponding wage of the sector. The results show that the marginal product has been increasing (from below) at a faster pace than the wage, as is predicted by the Lewis model. The results indicate that China as a whole is steadily moving toward the Lewis Turning Point. Copyright 2008 The Authors. Journal compilation 2008 East Asian Economic Association and Blackwell Publishing Ltd.